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Nov 11, 2012 9:30am EST
are s so dependent on it to keep the economy going? we of not dealt with the structural problems that causused a great recessssion -- problems withth the banks the loss of american competitiveveness, the huge trade visit, the growing oil spill, which remains very rge. in order to t the deficit long-term, there are two sets of reaealizations that are nececessary. taxing h high income people alone won't do it, because health care costs are rising and the population is aging. in order to m make ficit progress, you have to raisise the retirement age and take on the price of health care, the way theermans and the dutch havave, something that is anathema to both parties. at the same time, if you are going to reduce the deficit, you have to fige out a way to sell americanroducts to someonene other than the government. the answer to that is going to be becoming energy-independent. the problem with that is when the president talks about it, he means something very different than what republicans say when ththey talk about it. and dealing with china, which the president does not want to do
Search Results 0 to 0 of about 1